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weeeeeb [17]
3 years ago
9

At December 31, 2017, before any year-end adjustments, Macarty Company's Prepaid Insurance account had a balance of $2,700. It w

as determined that $1,500 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would be:____________a) $1,200.b) $2,700.c) $1,900.d) $1,500.
Business
1 answer:
ioda3 years ago
7 0

Answer:

$1,500

Explanation:

Macarty company prepaid insurance account had a balance of $2700

It was determined that $1500 of the prepaid insurance had expired

Therefore the adjusted balance for insurance for the year is $1500

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In 2019, Wesley has a fairly simple tax situation with moderate wage income and a modest amount of interest income. Wesley, age
asambeis [7]

He may file Form 1040.

Explanation:

Form 1040 is the IRS standard form which is used by individual taxpayers to file their annual tax reports.

Form 1040 is the IRS tax form used mostly for personal tax returns submitted by US citizens by the federal government. Form 1040 is a form. The method estimates the taxpayer's gross taxable income and specifies how much the government has to pay or repay.

Who can file? If a person passes the Substantial Appearance Test or the Green Card Test, but some cases exist; people who have a taxable earnings in the US, but refuse to meet the obligation to be resident aliens, must register for taxation purposes for non-resident aliens.

3 0
3 years ago
Timber Mills Corporation and Ur-Choice Lumberyards enter into a contract for a sale of plywood. Under a destination contract, th
Sergeu [11.5K]

Answer:

b. deliver the goods to a particular destination.

Explanation:

Under the delivery contract when there is a contract between the buyers and sellers, the seller is obligated to deliver the good to a particular destination. After delivery to the destination the seller's obligation to the buyer ends.

So the contract between Timber Mills corporation and Ur-Choice Lumber yards, the supplier must deliver the goods to a predetermined location.

8 0
4 years ago
Compute cost of goods sold using the following information: Finished goods inventory, beginning $ 540 Cost of goods manufactured
SVEN [57.7K]

un u get the numbers then subtract them and come good with the answer

4 0
3 years ago
On June 27, 2021, Cara Van Travel distributed to its common shareholders 510,000 outstanding common shares of its investment in
Phoenix [80]

Answer:

The correct answer is $255,000.

Explanation:

According to the scenario, the given data are as follows:

Total outstanding shares = 510,000

Shares value before = $3.10

Shares value after deal = $3.60

So, we can calculate the amount of gain on disposal by using following formula:

Gain amount on disposal = Total number of shares × Difference in share value

By putting the value, we get

= 510,000 × ( $3.60 - $3.10)

= 510,000 × $0.50

= $255,000

6 0
3 years ago
the study of the emperors dead body to determine the cause of julius ceasars death is an example of ???
Mama L [17]

without context this sounds like the answer is forensic science.

5 0
4 years ago
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